The confirmation of the next motorcycle COE bidding exercises
Great news to all brothers & sisters intending to get their new motorcycle! As we know, most dealers should have already exhausted most of the available Motorcycle COE that is available in the market.
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Phase 2 which will begin tomorrow, which allows motorcycle dealers and showroom to be officially open. The announcement of the next Motorcycle COE bidding will commence on 6 July (Monday) 2020!
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This next bidding might be exciting, as the suspension of the COE bidding from April to June had lead to an increase of COE quota available. LTA will adjust the overall rise in COE and shift one-third to be available from July to Sept. The remaining two-thirds quota will be added to the subsequent months from Oct 2020 to June 2021.
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So in short, 1,727 motorcycle COE will be available for July 2020.
The last round of Motorcycle COE that ended on 18 Mar 2020 was $4489.
Ok, let us predict will July Motorcycle COE goes up or down? Leave a comment on our facebook or below!